Growing demand for mobile computing devices fuels market growth

DUBLIN† July 6, 2022 /PRNewswire/ — The “Next Generation Advanced Battery – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offer.

Reached the global market for next-generation advanced batteries $2.5 billion by 2026
The global market for next-generation advanced batteries is estimated to be: US$137 million in the year 2020, is expected to reach a size of US$2.5 billion by 2026, growing at a CAGR of 60.5% over the analysis period.

The US market is estimated at: $72.9 million in 2021, while China is expected to reach $367.6 million by 2026
The market for next-generation advanced batteries in the US is estimated to be: US$72.9 million in the year 2021. The country currently has a 33.96% share of the global market. Chinathe world’s second largest economy, is expected to reach an estimated market size of US$367.6 million in the year 2026 with a CAGR of 71.8% behind during the analysis period. Among the other notable geographic markets are: Japan and Canada, each of which will grow by 50.7% and 57.4%, respectively, over the analysis period. Inside Europe† Germany is expected to grow at approximately 57% CAGR while reaching the rest of the European market (as defined in the study) US$571.3 million at the end of the analysis period.

The need for batteries that can be recharged quickly is growing at an unprecedented rate, leading to the development and production of highly advanced batteries that are inevitable for the efficient functioning of smart homes, smart wearables, smartphones, which is also the extensive penetration of the Internet. reflects.

At the same time, the availability of higher efficiency, higher capacity and more durable next-generation grid-scale storage batteries is driving demand for their application in the consumer electronics and automotive industries. Revenue growth is also contributed by the ability of these advanced batteries to charge, charge and discharge at a rapid rate.

Fixed reachable electrode segment $390.1 million by 2026
In the global Solid Electrodes segment, United States† Canada† Japan† China and Europe will generate the estimated CAGR of 58.4% for this segment. These regional markets accounted for a combined market size of US$18.5 million in 2020. China remains one of the fastest growing in this cluster of regional markets. Led by countries such as: Australia† Indiaand South Koreainto the market Asia-Pacific is expected to be achieved US$44 million by the year 2026.

Main topics covered:

I. METHODOLOGY

Story continues

II. MANAGEMENT SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS

• Limitations of lithium-ion (Li-Ion) batteries to open up opportunities for next-generation advanced batteries

• Opportunity Indicators: Applications of Lithium Ion Batteries

• Growing demand for mobile computing devices fuels market growth

• Tablet PCs

• Laptop PCs

• A thriving digital world offers opportunities for next-generation advanced batteries in consumer batteries

• Increased demand for electric vehicles fuels the market for next-generation advanced batteries

• Next-generation batteries for electric vehicles

• Lithium-silicone and solid-state technology to power EVs in the future

• Increasing demand for renewable energy sources and increasing awareness of the benefits of clean energy are driving demand for next-generation advanced batteries

• Targets for electricity production from renewable energy sources in selected countries

• Unavoidable surge in energy demand after COVID-19 to draw attention to renewable energy and energy storage technologies

• Next-generation advanced batteries are gaining momentum in wearable devices

• Worldwide shipments of wearable devices in million units for the years 2017, 2019 and 2021

• Expansion of the Internet user base and consumer appetite for digital media: the key features of the modern digital world

• Global internet user penetration rate (in %) for the years 2014, 2016, 2018, 2020, 2022 and 2024

• ‘Smart Home’ and domotics provide new possibilities

• Future trends in battery technology

• NanoBolt Lithium-Tungsten Batteries

• Zinc Manganese Oxide Batteries

• Organosilicon Electrolyte Batteries

• Gold Nanowire Gel Electrolyte Batteries

• TankTwo String CellT Batteries

• Macro drivers

• Rising standard of living

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

ASIAN-PACIPHIC

REST OF THE WORLD Named companies

• 24M Technologies, Inc.

• Amprius Technologies

• Japan Aqua Power System

• Arconic Corporation

• Energizer Holdings, Inc.

• EnZinc, Inc.

• ESS, Inc.

• Excellatron Solid State, LLC

• e-zinc

• GS Yuasa Corporation

• Ionomr Innovations Inc.

• Iskra

• Lockheed Martin Corporation

• May One Products Inc.

• Oxis Energy Ltd

• Panasonic Corporation

• Pathion Inc.

• Pellion Technologies Inc.

• Phinergy Marine

• PolyPlus Battery Company Inc.

• Renata SA

• RiAlAiR Ltd.

• Samsung SDI Co., Ltd.

• Sion Power Corporation

• sonic energy

• ZAF Energy Systems, Inc.

• Zinc8 Energy Solutions Inc.

For more information about this report, visit https://www.researchandmarkets.com/r/y6p7en

Media contact:

Research and markets
Laura Woodsenior manager
[email protected]

For EST business hours, call +1-917-300-0470
For US/CAN Toll Free Call +1-800-526-8630
For GMT office hours, please call +353-1-416-8900

US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716

View original content:https://www.prnewswire.com/news-releases/next-generation-advanced-batteries-global-market-report-2022-growing-demand-for-mobile-computing-devices-lends-traction-to-market- growth-301581354.html

SOURCE Research and markets